GST 2.0: Can consumption based thematic mutual funds ride the rally?
GST on consumption led themes may be lowered
Prime Minister Narendra Modi has promised an overhaul of the goods and services tax (GST) regime in Independence Day speech, firing up the market that was trading more than a percent higher on August 18 morning.
The new GST structure,
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Read MorePPFAS Mutual Fund announces appointment of Tejas Soman as CIO – Debt
PPFAS Mutual Fund has appointed Tejas Soman as its Chief Investment Officer – Debt, a move aimed at strengthening the fund house’s fixed income capabilities as it seeks to expand in the segment, the fund house said in a release.Soman, who has spent over 12 years in the debt markets,
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Read MoreThe economist who thinks the US is on the verge of a recession tells us how he sees a potential downturn playing out
Mark Zandi sees trouble ahead for the US economy.
The Moody’s Analytics chief economist recently predicted in a post on X that the US economy is on the brink of recession following some of the latest economic data.
While Zandi later noted that he doesn’t think the US economy is in a recession yet,
Read MoreGold Prices Brace For Impact: US Economy, Macroeconomic Data, Fed Moves In Focus
Gold markets are expected to enter a phase of consolidation in the coming week as traders weigh a combination of economic indicators, monetary policy commentary, and geopolitical developments, analysts said over the weekend.
Market participants will keep a close watch on US housing data, consumer price inflation numbers from the UK and Eurozone,
Read MoreThe Burst
Could Dell Rise 43.4%?
Dell has been around for more than 30 years and, in the past, focused mainly on manufacturing computers and other hardware, but recent acquisitions have broadened its offerings to include software, cloud-based services, data protection and more.
Given the uncertain economic climate, concerns loom over whether Dell can thrive? Will it prosper,
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Read MoreThe Ivy
How Buffett Earns $2.7 Billion From 3 Stocks
It’s no secret that Warren Buffett, CEO of Berkshire Hathaway, has a soft spot for dividend paying stocks. Perhaps more surprisingly is that Buffett keeps a $157 billion cash hoard on the Berkshire balance sheet and refuses to pay a dividend to his own shareholders.
The reasoning is simple, Buffett thinks he and Berkshire can earn a better return on that cash than shareholders can.
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